Both sides have actively implemented the significant consensus reached by the leaders of the two countries and conducted extensive, in-depth and detailed exchanges on trade and structural issues of common concern, said the statement.
China says the talks established a basis for resolving the concerns of both sides.
They agreed to maintain close contact, the statement said. Still, the path forward remains unclear: Another round of talks hasn't been scheduled, and the government shutdown in the USA has dominated President Donald Trump's attention.
The Trump administration is pushing for a way to make sure China delivers on its commitments in any deal the two nations reach to defuse a trade war that has roiled financial markets and dimmed the outlook for global growth.
With seven weeks to go until a deadline that could see the US ramp up tariffs on Chinese goods once again, the economic damage wrought by the months-long trade war is becoming clearer even as a pathway to a lasting resolution remains muddied.More news: Defective battery: Tesla sued for passenger death
"Negotiations between the two sides in this area made progress", he said.
A statement from the US Trade Representative said the talks "focused on China's pledge to purchase a substantial amount of agricultural, energy, manufactured, and other products and services from the United States".
People familiar with the U.S.
Additionally, the US and China will meet for a third day on Wednesday. The council and other US business groups have pressed for a resolution to the trade hostilities between the world's two biggest economies.
The vice-ministerial level talks are working-level discussions and not meant to yield a final agreement.More news: Chrysler Building, iconic New York City landmark, up for sale
"The Chinese side also believes that the implementation mechanism of any agreement is very important and both parties have an obligation to carry it out", Gao told reporters during a regular press conference.
The office of U.S. Trade Representative Robert Lighthizer said it wants any deal to include "ongoing verification and effective enforcement" and the U.S. will decide on next steps after officials report back to Washington.
Vice Commerce Minister Wang Shouwen headed the vice ministerial level talks for China, though Vice Premier Liu He, a top economic adviser to Xi, made an appearance at a meeting on Monday. "Instead of making honest efforts to solve its domestic problems, it resorts to unilateralism and protectionism, breaks the rules-based global order, coercing allies to accept unfair treaties, triggering trade frictions with China, and blocking technology transfer while trying to contain China's rise". Over dinner in Argentina last month, Trump and Chinese president Xi Jinping agreed to a 90-day tariff truce so that negotiations could take place.
Trump imposed tariff increases of up to 25 percent on $250 billion of Chinese imports.
China is now America's largest goods trading partner with United States dollars 635.4 billion in total (two way) goods trade during 2017. -China Business Council. "That is very positive".More news: Eye patient injured after being prescribed erectile dysfunction cream by mistake